# US agri co-ops expand soy crushing capacity to meet rising global demand - Co-operative News

> US agricultural cooperatives are building soybean crushing plants at the fastest pace in 20 years, with new capacity to process at least 120 million bushels in 2019. Crush margins rose above $1 per bushel, the strongest in about 18 months, according to CME Group. Ag Processing Inc. is building a 40-million-bushel plant in Aberdeen, South Dakota.

- Date: 2017-12-19 · published 2017-12-19T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/67623-us-agri-co-ops-expand-soy-crushing-capacity-to-meet-rising-global-demand-co
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Expanding crush capacity increases future soybean meal output, which is bearish for meal prices over time while supporting soybean demand and bean basis.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲
- SOY: bullish ▲

## Sources

- thenews.coop: https://www.thenews.coop/us-agri-co-ops-expand-soy-crushing-capacity-to-meet-rising-global-demand/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.